Camex (BOM:524440) E10: ₹2.95 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:524440 Camex Ltd BOM:524440
69 GF Score
Price ₹42.15
GF Value ₹43.74
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Camex E10?

Camex BOM:524440 69 E10 is ₹2.95 as of Mar. 2026. GuruFocus rates BOM:524440 with a GF Score™ of 69/100 and a GF Value™ of ₹43.74 (Fairly Valued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Camex's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹1.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Camex's average E10 Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-08-05), Camex's current stock price is ₹42.15. Camex's E10 for the quarter that ended in Mar. 2026 was ₹2.95. Camex's Shiller PE Ratio of today is 14.29.

During the past 13 years, the highest Shiller PE Ratio of Camex was 21.63. The lowest was 9.83. And the median was 13.43.


Camex  (BOM:524440) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Camex's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=42.15/2.95
=14.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Camex was 21.63. The lowest was 9.83. And the median was 13.43.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Camex E10 Related Terms


Camex E10 Historical Data

* Premium members only.

The historical data trend for Camex's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Camex E10 Chart

Camex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.07 2.98 2.95

Camex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.98 3.06 2.85 2.79 2.95

BOM:524440 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Camex's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Camex Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Camex's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Camex's Shiller PE Ratio falls into.


BOM:524440
69GF Score
Camex Ltd BOM:524440
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Camex E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Camex's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.8/164.2724*164.2724
=1.800

Current CPI (Mar. 2026) = 164.2724.

Camex Quarterly Data

per share eps CPI Adj_EPS
201312 0.600 91.425 1.078
201403 0.850 91.425 1.527
201406 0.780 94.103 1.362
201409 0.560 96.780 0.951
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 0.940 111.317 1.387
201809 0.660 115.142 0.942
201812 1.220 115.142 1.741
201903 0.803 118.202 1.116
201906 0.960 120.880 1.305
201909 0.090 123.175 0.120
201912 0.080 126.235 0.104
202003 0.088 124.705 0.116
202006 -0.220 127.000 -0.285
202009 0.180 130.118 0.227
202012 0.920 130.889 1.155
202103 0.451 131.771 0.562
202106 -0.530 134.084 -0.649
202109 0.250 135.847 0.302
202112 1.350 138.161 1.605
202203 2.013 138.822 2.382
202206 0.500 142.347 0.577
202209 -0.070 144.661 -0.079
202212 -0.430 145.763 -0.485
202303 0.605 146.865 0.677
202306 -0.240 150.280 -0.262
202309 0.970 151.492 1.052
202312 1.140 152.924 1.225
202403 1.520 153.035 1.632
202406 0.600 155.789 0.633
202409 1.430 157.882 1.488
202412 -0.310 158.323 -0.322
202503 0.120 157.552 0.125
202506 0.850 159.755 0.874
202509 -0.270 162.289 -0.273
202512 0.800 163.281 0.805
202603 1.800 164.272 1.800

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₹2.95 mean?
Camex (BOM:524440) has a E10 of ₹2.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Camex and its competitors.
Is Camex's E10 too high?
Camex's current E10 is ₹2.95. Overall, Camex has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Camex's E10 compare to LIN and SHW?
Camex's E10 of ₹2.95 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Chemicals company?
A good E10 depends on the Chemicals industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Camex and its competitors. Camex's current E10 is ₹2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camex stock overvalued right now?
Based on GuruFocus' analysis, Camex (BOM:524440) is currently considered Fairly Valued. The stock's GF Value™ is ₹43.74, compared to a current price of ₹42.15 — trading 3.6% below its estimated fair value. The current E10 is ₹2.95. Camex's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Camex (BOM:524440), the current E10 is ₹2.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Camex (BOM:524440) Overvalued in 2026?

Based on GuruFocus' analysis, Camex stock appears to be undervalued. The current stock price of ₹42.15 is trading 3.6% below its estimated GF Value™ of ₹43.74. GuruFocus considers Camex to be Fairly Valued.

Key valuation signals for BOM:524440:

  • E10: ₹2.95
  • GF Value™: ₹43.74 vs. price of ₹42.15 (3.6% below fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the BOM:524440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Camex Business Description

Address Stadium Commerce Road, Camex House, 2nd Floor, Navangpura, Ahmedabad, GJ, IND, 380 009
Camex Ltd is in the manufacturing of Dyes, Chemicals & Intermediates and Trading, Import and Export of Dyes, Chemicals & Intermediates and Metals. The company's products include reactive dyes, acid dyes stuff, and direct dyes stuffs; textile auxiliaries; pigments and solvents; and pigment emulsions. It is engaged in two operating and reporting segments; Dyes & Chemicals, Metal.
69GF Score

Get the complete analysis for BOM:524440

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹42.15
Price
₹43.74
GF Value